Inter-American Commercial Arbitration Commission


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Inter-American Commercial Arbitration Commission

Also called the IACAC. An international organization that provides out-of-court dispute resolution services for issues affecting trade in the Western Hemisphere. The IACAC consists of representatives from most countries in North and South America; it makes arrangements for arbitration or conciliation when two companies request it. It charges a fee for its services. It was originally established in 1934.
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119) See DORE, supra note 113, at 77 (noting that the use of the UNCITRAL arbitration rules by the Inter-American Commercial Arbitration Commission is further evidence of the rules' flexibility and appeal to arbitral institutions).
Europe, Middle East and Asia, Fulbright attorneys have represented clients before the London Court of International Arbitration, the International Chamber of Commerce in Paris, the American Arbitration Association, the International Centre for Settlement Investment Disputes at the World Bank, the Inter-American Commercial Arbitration Commission, The Cairo Regional Centre for International Commercial Arbitration, The Singapore International Arbitration Centre, the Hong Kong International Arbitration Centre and under the ad hoc rules of the United Nations Commission on International Trade Law and the Center for Public Resources.
The arbitration Panel, convened under the Inter-American Commercial Arbitration Commission, found that: the ownership of the sales force was a "valuable property right;" that ALICO misappropriated the sales force; and, that ALICO's actions in doing so were "wrongful and improper.
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